ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

Funding

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Frost Giant lands additional $5m funding, hires ex-StarCraft 2 lead Job News Mar 25th, 2021

Frost Giant lands additional $5m funding, hires ex-StarCraft 2 lead

Fellow Blizzard vet James Anhalt joins the studio

Overwolf raises $52.5m in Series C funding round News Mar 17th, 2021

Overwolf raises $52.5m in Series C funding round

It also launched user generated content platform CursedForge

Moonrise is a new early stage fund from Glitch CEO Karr News Jan 14th, 2021

Moonrise is a new early stage fund from Glitch CEO Karr

Organisation to provide support for projects with unique gameplay

Roblox valued at $29.5bn, going public via direct listing News Jan 7th, 2021

Roblox valued at $29.5bn, going public via direct listing

Company closes $520 million funding round

Discord valuation has doubled to $7bn News Dec 18th, 2020

Discord valuation has doubled to $7bn

Firm raising $140 million in new funding round

Moss studio Polyarc lands $9m in funding for AR development News Jul 30th, 2020

Moss studio Polyarc lands $9m in funding for AR development

Hiro Capital leads the company's Series B round

Starbreeze tries to raise $26.8m to fund Payday 3 development News Jun 30th, 2020

Starbreeze tries to raise $26.8m to fund Payday 3 development

Follows $5m it raised at start of this year

Report: Epic Games valued at $17bn in new funding round News Jun 16th, 2020

Report: Epic Games valued at $17bn in new funding round

Firm raising $750m

Spanish government approves a $22 million finance scheme for cultural industries News May 28th, 2020

Spanish government approves a $22 million finance scheme for cultural industries

Including the games sector

Italian government approves new $4.4 million funding scheme News May 27th, 2020

Italian government approves new $4.4 million funding scheme

Grants given are between $10,977 and $219,552

Gamestream raises $3.8 million for a B2B cloud games platform News May 26th, 2020

Gamestream raises $3.8 million for a B2B cloud games platform

Money will also be used to increase staff numbers

Report: Magic Leap raises $350m in funding News May 22nd, 2020

Report: Magic Leap raises $350m in funding

Follows layoffs the company announced exactly a month ago

Transcend Fund raises $50m for games companies News Apr 24th, 2020

Transcend Fund raises $50m for games companies

Firm wants to write cheques between $200,000 and $2m

Epic reportedly valued at more than $15bn in new funding round News Apr 22nd, 2020

Epic reportedly valued at more than $15bn in new funding round

According to new report that the firm is trying to raise between $500m and $1bn

Digi-Capital: $4.1bn was invested in AR and VR in 2019 News Mar 13th, 2020

Digi-Capital: $4.1bn was invested in AR and VR in 2019

Bulk of this was seed funding

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